Posts Tagged ‘Texans for Lawsuit Reform’

LinkSwarm For February 13, 2026

Friday, February 13th, 2026

Happy Friday the 13th, everyone! Good job numbers drop, a court win for Trump on deportations, more California fraud, more Chinese researchers stealing secrets, and the cure for global warming is global warming.

It’s the Friday LinkSwarm!

  • Naturally, a week after I blog about the “no hire, no fire” economy, it comes out that the economy added 130,000 in January, the most since December 2024. “However, the report shows the U.S. only added 181,000 jobs in 2025.” And the numbers for previous months keep getting revised downwards.

    As I’ve said before, I’ll believe we’re out of the Biden Recession when I have a job again…

  • “Appeals Court Upholds No-Bond Detention Of Illegal Aliens In Huge Win For Trump.”

    Petitions for Habeas Corpus to release illegal aliens from detention, or at least grant them bond hearings, have overwhelmed the federal courts, with most district court judges who have ruled on the subject siding with the detained aliens. It was the practice of prior administration from both parties to grant bond hearings. But is it a legal requirement?

    A ruling by the 5th Circuit Court of Appeals, which covers critical border state Texas, has rejected the argument that a bond hearing and release is required by law. To the contrary, it held that the applicable legislation passed by congress does not require such bond hearings or release. That prior administrations did not exercise their full powers of detention under the law did not mean the present Trump administration could not do so, the court ruled.

    Another win for secure borders and the rule of law in the face of massive leftwing judicial resistance.

  • House passes GOP’s SAVE America Act.”

    The House of Representatives on Wednesday night passed the new Republican-led Safeguard American Voter Eligibility (SAVE) America Act, which requires individuals to present proof of citizenship to register to vote and requires Americans to show ID when voting.

    The House passed the legislation, which combined two bills, in a 218-213 vote. The bill saw little support from House Democrats, with Texas Rep. Henry Cuellar being the sole Democrat to join Republicans in passing the legislation.

    “It’s just common sense,” House Speaker Mike Johnson told reporters of the legislation. “Americans need an ID to drive, to open a bank account, to buy cold medicine, to file government assistance. So why would voting be any different than that?”

    Senate Democrats, of course, with the exception of John Fetterman, will do anything to prevent it from being passed. If they can’t cheat, they can’t win…

  • Stephen Green: California raked off $370M in taxpayer money to bankroll leftwing activism.

    1. Californians voted to fund youth drug prevention through the Cannabis Tax. Instead, $370M in revenue is bankrolling leftwing activism.
    2. The money flows through a single unelected nonprofit – The Center at Sierra Health Foundation’s Elevate Youth program.
    3. The Center has gotten rich off this arrangement – growing from $11.8M in 2018 to $197M in 2024. The CEO makes over $600K.
    4. The Center runs Prop 64 dollars through to a web of NGOs, including the Jakara Movement, Young Invincibles, and Asian Refugees United – for activism, organizing, and voter registration.
    5. This is not drug prevention – it’s a taxpayer funded pipeline from the governor’s office to leftwing political organizing.

    Snip.

    “The state does not pick who gets the grants,” CAL DOGE said. “The intermediary does, bypassing the rigorous procurement processes mandated for direct government contracts under the Department of General Services and State Controller oversight.”

    That’s a multimillion-dollar slush fund, in other words, in which tax dollars pass through to the well-connected for the purpose of maintaining Democrat control of the state. And, one presumes, lining pockets along the way —allegedly including Newsom’s:

    According to the California Fair Political Practices Commission’s Behested Payment Transparency Report (pg.19-20), in 2020 alone, Sierra Health Foundation was the third-largest payor of behested payments statewide at $14,747,724 and the single largest payee of behested payments statewide at $30,869,901 — payments Newsom solicited from private companies.

    “Newsom himself was the top behesting official in the state that year at $226.8 million total,” the report continued, “and Sierra Health Foundation ranked among his top three financial partners in the system.

    Scams all the way down…

  • “LA Taxpayers Spent $418 Million On Homeless Programs In 2025.”

    Los Angeles spent about $418 million on homelessness programs in 2025, yet only a small share went toward helping people leave the streets for good, according to the New York Post. A recent City Hall report suggests most of the money supports short-term services that manage homelessness rather than resolve it.

    The review, released as the city prepares major budget cuts, shows that hundreds of millions were directed to hygiene facilities, outreach teams, temporary housing, and vehicle-living programs with limited long-term success. These efforts often keep people in transitional situations instead of moving them into permanent homes.

    The Post noted that councilwoman Monica Rodriguez condemned the system, saying, “We’re hemorrhaging money on a homelessness system that was never designed to succeed — and no one is being held accountable for the failure.”

    She also argued that ineffective programs are protected instead of evaluated: “If we really wanted to do something about this crisis, we would be advancing real oversight, demanding results, and shutting down programs that don’t work — not protecting a system that keeps spending more while delivering less.”

    It’s not designed to end homelessness, its designed to line the pockets of the Homeless Industrial Complex and leftwing activists.

  • Indeed, California’s entire NGO funding structure is designed to avoid scrutiny.

    The money moves smoothly, the explanations pile up, and the ability to see end-to-end quietly disappears. The deeper the look went, the more consistent the pattern became. California doesn’t struggle to explain where the money goes. It has arranged things so the explanation never quite arrives.

    Snip.

    When the information is pulled in its entirety and organized outside the state’s presentation layer, the scope becomes impossible to miss. More than 1,100 vendors associated with humanitarian-related contracts. Roughly $8.8 billion flowing through them. Not scattered grants. Not pilot programs. An economy of vendors, operating continuously, funded at scale. The dashboard never highlights that universe. It doesn’t need to. It only needs to make seeing it difficult enough that most people never try.

    At the same time, at the federal level, the Small Business Administration acknowledged what everyone working in procurement already understands. Billions of dollars under review. Tens of thousands of entities flagged for potential fraud exposure. Large systems, large sums, limited verification, delayed audits. The numbers don’t have to match perfectly to rhyme. They already do. When separate data streams begin pointing toward the same structural vulnerabilities, the story stops being about isolated actors and starts being about architecture.

    Requests for clarity meet resistance long before they reach conclusions. Public records requests stall. Narrow questions expand into bureaucratic negotiations. Specific funding totals become “unavailable.” Amy Reihart’s experience in San Diego fits neatly into this rhythm. The data is said to be public, but pulling it cleanly proves elusive. The formal channels exist, but they lead nowhere quickly. What’s left is a familiar posture from the state: the information is technically available, practically unreachable, and always just one more step away.

    The same rhythm shows up in how California moves money on the ground. Childcare subsidies offer a clean example. In many states, the government pays providers directly. The path is short. Attendance aligns with eligibility. Eligibility aligns with reimbursement rates. Payments can be checked against records without heroic effort. In California, that line bends. Funds are routed through intermediary NGOs charged with administering the program. The state pays the intermediary. The intermediary interfaces with providers. Documentation flows inward. Payments flow outward.

    Following that path takes work. First, identify which NGO controls which geography. Then locate its audit filings, assuming they are current and complete. Then reconcile those filings with procurement records that are already difficult to interrogate. Only after that does the provider level come into view. Each step adds distance. Each handoff adds discretion. Sources describe monthly subsidy flows exceeding $1,400 per child with minimal verification. Whether every dollar is misused is unknowable from the outside. What is visible is how easily the structure absorbs misuse without producing alarms.

    That same opacity shows up beyond childcare. Walk through downtown Los Angeles and the conversations repeat. Not policy debates. Observations. Barbers, bartenders, people who work late and walk home early. The homeless system comes up unprompted. Everyone knows how much money moves through it. Everyone knows how little seems to change. Deliveries arrive at storefronts with no customers. Benefits circulate with minimal identification. Stories circulate about organized applications and quiet laundering through approved channels. None of this appears on a dashboard. It doesn’t need to. It lives in the gap between official narratives and daily experience.

    The system doesn’t rely on secrecy. It relies on diffusion. Money enters labeled as humanitarian assistance, housing support, community partnership. It passes through nonprofit layers that soften scrutiny and multiply explanations. By the time it reaches the ground, responsibility is spread thin enough that no single ledger tells the whole story. Each participant can point upward or downward and remain technically correct. Oversight exists everywhere in theory and nowhere in practice.

    Organizations operating at the intersection of activism and public funding sit comfortably inside this environment. The Solidarity Research Center in Los Angeles, connected to broader political networks, is one example drawing attention. Not because of slogans or mission statements, but because proximity to power and insulation from scrutiny tend to travel together. When funding, politics, and moral language overlap, questions are framed as attacks and audits become optional. The structure does the work long before anyone has to defend it.

    The contrast between damage and response is hard to ignore. Drive through the Palisades fire zone and the destruction remains visible. Burned properties. Long stretches untouched. The rebuild lags. The NGO signage does not. Clean placards promise recovery, resilience, and renewal, often paired with donation links. The messaging arrives faster than the materials. The branding arrives faster than the permits. Money is already being organized, even as the outcomes remain distant. It’s a familiar sight in California: urgency in fundraising, patience in results.

    None of this happens by accident. The systems are too consistent. The barriers appear in the same places. Presentation layers substitute for access. Intermediaries substitute for accountability. Requests for detail meet friction rather than answers. The result is a machine that keeps moving regardless of whether anyone outside it can explain how. For the people inside, it works. For the public, it produces impressions instead of records.

    (Hat tip: Director Blue.)

  • “Top 5 Takeaways From Georgia’s Suspect 2020 Election.”

    The report’s overview notes the beaming confidence of Georgia Secretary of State Brad Raffensperger on the morning after the election. Appearing on the Today Show, Raffensperger said a record 4.7 million Georgia voters cast a ballot in the election. More importantly, the secretary of state said only 2 percent of the ballots remained to be counted. Trump, at that time, led Biden by nearly 104,000 votes, seemingly more than enough for a Georgia win. Raffensperger, at the time, said about 94,000 ballots had yet to be counted.

    “We can see where the candidates are right now in both presidential, congressional, senatorial. When you look at how many votes are out there, even if one of the candidates got 100 percent it probably wouldn’t be enough to move it on way or another,” the elections official told the Today Show crew. He should know, the report notes. The secretary could see the numbers in real time through the state elections database.

    Raffensperger added that his office would wait until everything was done.

    When the dust settled, the confident secretary turned out to be very wrong. The final vote count — at least then — was an incredible 5.023 million. Between the time Fulton County’s polls closed on Election Day and the final ballot was tallied, the number of absentee ballots soared from 74,000 to more than 148,000, according to the report.

    Trump went from the verge of winning a key battleground state to losing it. Just like that.

    “At the time of this writing, no known explanation has been provided to justify” the surge in ballots, the report states.

    Snip.

    The number of absentee ballots counted doesn’t match the number of credited voters, the report notes. It draws from Fulton County and state records that show 148,318 ballots were counted in the 2020 election, although only 125,784 voters were recorded as casting an absentee ballot. That’s a difference of 22,534 votes between the absentee ballots tallied and the number of individuals given credit for voting.

    “Remember: the margin between President Trump and Joe Biden was 11,779 votes…and that was the THIRD certified number and didn’t match either of the first two counts….the counties could not get their numbers to match from the first count to the second to the third…..

    (Hat tip: Director Blue.)

  • Ukraine hit the Redkinsky Research Chemical Plant north of Moscow.
  • Ukraine hit the Volgograd oil refinery with drones.
  • Ukraine also hit Russia’s Ukhta refinery over 1,700 kilometers away from Ukraine.
  • Ukraine also hit a GRAU arsenal in Volgograd with multiple missiles. GRAU is the umbrella organization for Russian logistics.
  • While Russia has continued to eek out ever smaller territorial gains at high cost, Ukraine just liberated 100 square kilometers of territory in Huliaipole, Zaporizhzhia oblast. “Ukrainian forces have liberated the towns of Dobropillia, Pryluky, Olenokostiantynivka and part of Varvarivka in an assault south on the Zaporizhzhia Frontline.”
  • 6,000 Russian FPV drones destroyed in Rostov-On-Don, although the image supplied is a bit confusing.
  • U.S. murder rate hits lowest level since 1900.” “The national murder rate is likely to land near 4.0 per 100,000 people once the FBI releases finalized 2025 data later this year.” (Hat tip: Director Blue.)
  • Japan: “Prime Minister Sanae Takaichi attained a supermajority in the snap election,” quite possibly due to taking a hard line against immigration.
  • “Morgan McSweeney quits as Starmer’s chief of staff following Mandelson scandal.” (Previously.) McSweeney was also Starmer’s hatchet man in trying to silence anyone who disagreed with Keir Starmer, be it Jeremy Corbyn, Elon Musk or Donald Trump.
  • Global warming is fixing global warming.

    Scientists at the University of California, Irvine have discovered that climate change is causing nitrous oxide, a potent greenhouse gas and ozone-depleting substance, to break down in the atmosphere more quickly than previously thought, introducing significant uncertainty into climate projections for the rest of the 21st century.

  • Single neighborhood in Indianapolis has 250 trucking companies.
  • “Chinese scientists embraced by U.S. colleges worked with Chinese military-linked firms.”

    A recent watchdog report revealed that several top-ranked American universities have brought in Chinese academics who have links to Chinese military-linked technology firms like tech behemoth Huawei and other Chinese firms linked to the CCP’s state security endeavors.

    A conservative non-profit watchdog group, the American Accountability Foundation, reported that it found nearly two dozen Chinese academics working at elite U.S. schools and labs “who, because of the dual-use threat of their research, close ties to the military research sector in China, and/or clear ties to the Chinese Communist Party” and as such “should be expelled from the United States or never be re-admitted.”

    The new AAF report pointed out that multiple Chinese students working at American universities had previously collaborated on projects with researchers at Huawei, including working with researchers at the Internal Cybersecurity Lab at Huawei.

    Just the News also found that at least one of the Chinese academics had also worked at iFlytek — a similarly blacklisted Chinese company which often collaborates with Huawei. The U.S. National Security Commission on Artificial Intelligence stated in 2021 that “national champion” firms such as Huawei and iFlytek help “lead development of AI technologies at home” and “advance state-directed priorities that feed military and security programs.”

    Snip.

    The AAF report argued that Guangyao Chen “poses a high national-security and dual-use risk due to his expertise in adversarial machine learning” and that “this risk is amplified by his training at Peking University, PRC government funding, and collaborations with PRC universities and Huawei, placing his work squarely within China’s military-civil fusion ecosystem.”

    Chen currently appears to be affiliated with Cornell. The ResearchGate page for Chen says that his “top co-authors” include Lin Du, a researcher at Huawei. Chen appears to have conducted multiple research projects with the Huawei researcher. The Huawei scientist’s ResearchGate profile lists Du’s skills and expertise as being “computer vision,” “object recognition,” and “machine learning.”

    Snip.

    Meng Wanzhou, Huawei’s CFO and the daughter of the company’s founder, was arrested by Canadian authorities in December 2018 at the request of the U.S., indicted in the Eastern District of New York in January 2019, and charged with bank fraud and wire fraud as well as conspiracy to commit both, but was allowed to walk free by the Biden Administration in 2021 in a deferred prosecution agreement wherein she admitted violating U.S. law.

    Snip.

    Fengqui You, a Cornell professor, leads the Fengqui You Research Group at Cornell, which is “pushing the boundaries of systems engineering, artificial intelligence, and data science.”

    Chen is listed as a member and Fengqui You is listed as the principal investigator for the lab. You attended Tsinghua University, which the House Select Committee on the CCP has warned about. You did not immediately respond to a request for comment.

    Snip.

    The report by AAF said that Cen Zhang’s “prior work with Chinese entities and his influential role at Georgia Tech is highly concerning given the nature of computer science’s impact on U.S. national security.”

    Zhang co-authored a 2021 paper on “Practical Binary Fuzzing Framework for Programs of IoT and Mobile Devices” — related to security vulnerabilities for mobile phones and other smart devices — with co-authors Xiaoxing Luo and Miaohua Li from the Internal Cyber Security Lab at Huawei Technologies.

    Zhang has also conducted research with Hongxu Chen, who now lists himself as a lead engineer at Huawei, and who also went to Nanyang Technological University.

    Zhang’s personal curriculum vitae also says he was previously an algorithm and engine development engineer for iFlytek. Zhang says on his GitHub page that he won the “Best New Employee Award of Year” at iFlytek in 2017.

    The firm has long received state support and recognition from China’s government. The company was named a national “AI champion” by the Chinese Ministry of Science and Technology in 2018.

    The Commerce Department said in October 2019 that iFlytek was among more than two dozen Chinese entities added to a U.S. blacklist, saying they were “implicated in human rights violations and abuses in the implementation of China’s campaign of repression, mass arbitrary detention, and high-technology surveillance against Uighurs, Kazakhs, and other members of Muslim minority groups.” Liu Qingfeng, iFlytek’s founder and CEO, is also a deputy to the National People’s Congress, the CCP’s rubber-stamp national legislature.

    There are problems with how this piece is organized, but I wanted to capture the names (some of which are are already familiar) to keep track of them. At this point, any organization that hires a Chinese national for scientific research should assume they’re stealing data.

  • “Semiconductor industry on track to hit $1 trillion in sales in 2026.” (Hat tip: Ace of Spades HQ.)
  • Senators Ted Cruz and Katie Britt (Alabama) introduce the Community Bank Relief Act.

    The legislation raises the current $10 billion asset threshold that caps debit card fees for banks and index annually to inflation.

    Sen. Cruz said, “The Durbin Amendment was not designed for the current economic and regulatory reality and subjects community banks to fee limits that the original language intended for much larger institutions. My legislation modernizes the interchange fee cap to reflect inflation, helping small banks support local economies while lowering banking costs for Americans.”

    Sen. Britt said, “As we’ve seen in so many instances, countless regulations in the Dodd-Frank Act were not only onerous but set fixed thresholds that have become outdated over time, and the Durbin Amendment is no exception. The largest burden is on our smallest financial institutions who provide vital sources of credit to Main Streets that drive our local economies. This commonsense legislation would simply index, to both inflation and COLA, the outdated threshold in this provision of Dodd-Frank, ultimately providing relief for our community banks who were never intended to be burdened by this regulation.”

    Companion legislation was introduced in the House by Rep. Andy Barr (R-KY-6).

    Rep. Barr said, “The Durbin Amendment was sold as a win for consumers in the Dodd-Frank Act by Democrats. Instead, it’s hurt Kentucky’s community banks and credit unions that do so much for underserved communities by limiting their ability to grow and compete with larger financial institutions. I’m working with Senator Cruz to fix this — because Washington shouldn’t be picking winners and losers at the expense of our local banks and the families they serve.”

    This bill is supported by Americans for Tax Reform, Independent Bankers Association of Texas, and the Texas Bankers Association.

    Noted, not necessarily endorsed.

  • “New Organization Takes Aim at Texans for Lawsuit Reform.”

    A new political organization has launched with the stated goal of countering one of Austin’s most powerful and long-standing special interest groups.

    Republicans Against Texans for Lawsuit Reform, a 501(c)(4) organization, announced its formation this week. It is positioning itself directly against Texans for Lawsuit Reform (TLR), the influential tort reform group that has played a major role in Texas politics for decades.

    On its website, Republicans Against Texans for Lawsuit Reform (RATLR) accuses TLR of abandoning its original mission and becoming what it describes as a major player in the “Austin swamp.” The group argues that TLR, which began in the mid-1990s advocating civil tort reform, now prioritizes the interests of “big business, big pharma, and big insurance” over conservative policy outcomes and Texas citizens.

    RATLR also points to millions of dollars in political donations—including contributions to Democrats and Republican incumbents it labels as “RINOs”—as evidence that TLR wields outsized influence at the Texas Capitol.

    “Protecting big business, big pharma, and big insurance should never override protecting you, Texas’ citizens,” the group states.

    RATLR says it plans to focus on grassroots education and outreach, including speaking engagements with conservative groups across the state. The executive director is James Wesolek, the former communications director for the Republican Party of Texas.

  • So here’s a longish essay by Hugh Hendry on gold, Bitcoin and fiat money. I don’t necessarily agree with everything, but he has a provocative argument that creation of fiat money was justified to keep the entire economic system from breaking down.

    he defining monetary lesson of the twentieth century was not ideological. it was traumatic. it emerged not from debates about socialism versus capitalism, or keynes versus hayek, but from the lived experience of what happens when economic systems impose rigidity on societies already under extreme stress.

    after the first world war, germany was not a failed society. it was bruised, diminished, politically unstable, and deeply resentful, but it remained functional. industry existed. labour existed. institutions existed. the system was strained, not yet broken. the collapse came later, and it was not inevitable.

    versailles changed that.

    the treaty was not merely punitive. it was vindictive and economically illiterate. reparations were demanded in hard terms, payable in gold, at precisely the moment germany’s productive capacity was being constrained. forgiveness was absent. flexibility was absent. economic reality was ignored.

    when germany struggled to meet those obligations, the response was not renegotiation but enforcement. in 1923, french and belgian forces occupied the ruhr valley, seizing control of germany’s industrial heartland, its coal, its steel, its metal production, while still demanding gold payments to the allied victors. output was taken. gold was still required. rigidity was imposed from both ends.

    this was the breaking point.

    what followed was not ideological radicalisation in the abstract, but economic paralysis in practice. unemployment surged. production collapsed. a growing share of the adult population became economically useless. not inefficient. not underpaid. useless. idle. watching. waiting. that condition does not produce reflection or moderation. it produces rage. and hyper-inflation.

    hard money did not cause the collapse of weimar germany. but it failed catastrophically to absorb the trauma. and when institutions fracture under mass unemployment, money fractures with them. hyperinflation wasn’t softness. it was panic. it was the monetary expression of legitimacy evaporating in real time.

    that sequence mattered. and it was remembered.

    a decade later, the world faced another shock that threatened to replay the same pattern at a far larger scale. the crash of 1929 produced mass unemployment, collapsing demand, and the genuine possibility that the american system would follow germany down the same path. the ingredients were familiar: idle men, shuttered factories, political stress, and a rigid monetary framework that transmitted pressure rather than absorbing it.

    this time, the response changed.

    gold was abandoned as the governing constraint, not because it was immoral or discredited, but because it was brittle. too rigid to cope with systemic trauma. under gold, pressure concentrates until something snaps. under fiat, pressure disperses. elasticity replaced purity. monetary doctrine abandoned to keep the system intact.

    the response was ugly. it was unfair. it produced deserved anger. but it worked.

    the united states survived intact. unemployment was brutal, but the political centre held. extremism remained marginal. fiat didn’t heal the trauma, but it prevented it from metastasising. that became the lesson: in moments of economic shock, hardness accelerates entropy, while monetary elasticity buys time. and time, in stressed societies, is the difference between repair and collapse.

    this was not an argument against scarcity. it was an argument against rigidity in the wrong place, at the wrong time. fiat emerged not as an ideological triumph, but as an adaptive response to the catastrophic failure of hard constraints under conditions of mass unemployment.

    that distinction matters, because bitcoin did not arrive to overturn this lesson. it arrived long after, in its aftermath.
    fiat’s ugly success.

    over the subsequent century, that logic has been tested repeatedly, and each time it has been reaffirmed under pressure.

    the global financial crisis of 2008 was not a scare or a stress test. it was a system-wide cardiac arrest. the banking system was insolvent in any meaningful sense. the only open question was whether circulation could be restarted before institutional damage became permanent. the response was not elegant. rules were bent. balance sheets were expanded. losses were socialised. hard constraints were suspended to keep the system alive. it was ugly, unfair, and morally nauseating to me and many others. it also worked.

    the same pattern repeated during the pandemic. supply chains froze. borders closed. hospitals filled. the phrase “human extinction” escaped the laboratory and entered the bloodstream of culture. belief alone was enough to threaten collapse. once again, fiat leaned in. too much some say. money expanded. credit expanded. time was frozen. people were paid to stay home while the system was held upright. once again, rigidity was rejected in favour of elasticity. once again, the worst tail events were avoided.

    this is what fiat does well.

    it absorbs shocks that hard systems transmit. it disperses pressure instead of concentrating it. it allows societies to survive periods of mass dislocation without forcing immediate liquidation of people, institutions, or legitimacy. in a world repeatedly exposed to financial crises, pandemics, and geopolitical shocks, this has proven to be a feature, not a bug.

    elasticity, however, is not free.

    the cost shows up as inflation. not as a temporary inconvenience, but as a ratchet. prices spike, settle, and then remain elevated. grocery bills do not return to their old levels. this is the mechanical consequence of pushing risk forward in time. fiat smooths the present by borrowing from the future.

    this matters most for those without assets. for the disenfranchised, inflation is not a macroeconomic abstraction or a debate about models. it is a daily budgetary pressure. rent before wages. food before leisure. energy before dignity. when prices ratchet higher, there is no portfolio adjustment, no rebalancing, no clever hedge. there is only less room to breathe.

    modern financial systems are exceptionally effective at protecting those who already participate in them. the franchise holders. equities rise with nominal growth. property absorbs inflation and then some. credit, leverage, index-linked instruments, real assets, productive ownership. the menu is broad, liquid, and proven. elasticity doesn’t destroy capital for insiders. it often enriches them. asset prices inflate faster than wages precisely because the system is designed to keep capital mobile and solvent.

    the burden falls elsewhere.

    what inflation punishes is not thrift in some moral sense, but exclusion. money left idle because it must be. capital that cannot move because it does not exist. patience without agency. this is not a judgment about behaviour. it is a structural outcome. fiat rewards participation and mobility, not fairness. and over long periods of sustained monetary elasticity, that distinction compounds into something corrosive. something unfair.

  • The most amazing nature videos on the Internet.
  • Miss North Florida has her titled revoked after she won for refusing to proclaim that a man is a woman.
  • Tyler Hoover of Hoovie’s garage goes into deep detail on his car buying and business models. “I’m not that bright.”
  • “Democrats Counter With STEAL Act To Ban Voter ID.”
  • “Democrats Push For Death Certificates To Be Accepted As Voter ID.”
  • “Journalists Shocked To Be Laid Off From Obsolete Media Outlet That Loses $100 Million Annually.”
  • “Alarming Study Shows Average Somali High School Senior In Minnesota Committing Fraud At Just A 5th Grade Level.”
  • “Pharmaceutical Companies Wondering If They Should Develop Anti-Depressant Whose First Listed Side Effect Isn’t ‘SEVERE THOUGHTS OF SUICIDE.'”
  • “Researchers Confirm That During Childbirth, Women Feel Almost The Same Amount Of Pain A Man Feels When He’s Stuck Walking Behind A Slow Person.”
  • Verdict: Guilty but adorable.

    (Hat tip: Ace of Spades HQ.)

  • I’m still between jobs. Feel free to hit the tip jar if you’re so inclined.





    Ken Paxton On The Forces Behind His Impeachment

    Saturday, September 23rd, 2023

    Now that Ken Paxton has been acquitted of all charges, Paxton can talk about the forces that conspired to push his bogus impeachment, which he does in this interview with Texas Scorecard’s M.Q. Sullivan.

  • MQS: “We had a secret investigation take place in the Texas House, with unsworn witnesses offering uh what John Smithy described as triple hearsay as evidence [and] no public hearings.”
  • MQS: “It’s been said that the Republicans were told this is a loyalty vote to the speaker of the House [Dade Phelan], and if it’s taking out Ken Paxton is what it takes to show loyalty, you have to do it.”
  • KP: “Democrats have figured out they can block vote. There’s 65 of them. Right now they block vote. They go to the Republicans and they say ‘We’ll get you elected as as speaker if you do what we say. We want to negotiate this deal.’ And so then that speaker who’s really controlled by the Democrats only needs 10 Republicans votes and then the Democrats effectively control [the House].”
  • KP: “I don’t think it’s any accident that the Biden Administration’s Department of Justice had two lawyers involved with the House investigating committee.”
  • KP: “I think the Biden Administration was tired of being sued. We’d sued him 48 times in two and a half years, and have been relatively successful with those cases, and I think that was a directive to the Democrats.”
  • KP: “[Phelan] was directed by the Democrats.” House Republicans need to be as united as Democrats.
  • KP: “They never had any evidence, and they obviously didn’t when they got to the Senate floor. But I think the message was ‘Do what we tell you to do or else.'”
  • MQS: “It seemed apparent to a lot of observers that the old Bush machine was ratcheted up against you. Johnny Sutton, Karl Rove, folks like that, who had not had much to say about Texas politics, their fingerprints were all over this from from very early on.” Sutton held several roles at the state and national level under George W. Bush, and was eventually appointed U.S. Attorney for the Western District of Texas.
  • MQS: “It seemed like it started off as a way to benefit George P Bush.” As you may remember, George P. Bush got slaughtered by Paxton in the Republican Attorney General race runoff in 2022, when Paxton got over 2/3rds of the vote.
  • KP: “This whole Coincidence of George P., after, what, 10 years of not having his license, on October 1st he asked the State Bar to get his license back. That just so happened to be that later that day that the these employees of mine told me that they’d turn me into the FBI. So somehow on that same day, before I knew about it, George P. is applying for his license.”
  • KP: “I think that that was the first sign that the Bush people were involved in this. And I think you can see from Johnny Sutton representing every one of these employees, that he was he’s doing this for free for the last three years, without ever sending a bill or even having a fee arrangement, that doesn’t make any sense either.”
  • KP: “Karl Rove wrote the editorial and he was directed, and I think given, that editorial by Texans for Lawsuit Reform. So you have all of these Bush connections that sought to get rid of me.”
  • MQS: TLR “is a group that has been kind of the de facto business lobby for more than two decades.”
  • KR: “They have definitely changed. They become a lobby group. They’re beholden to large, either corporate interests or individual interests, that don’t necessarily reflect the views of the Republican party.”
  • Sullivan suggests Paxtons problems may have started when he started targeting big tech and big pharma.
  • KP: “There’s a reason that we we’re looking at Big Tech, because they control the marketplace and they’re trying to control speech and control entire market activity on on advertising. There are issues related to them being deceptive in how they advertise, and also in what they tell consumers about what they’re doing with their information.”
  • KP: “Big Pharma obviously involved in this vaccine mandate, and potentially getting away with not actually testing their their vaccine, and telling us it does one thing when it does another.”
  • Paxton also brings up the role of banking as an industry that may not have been happy with him.
  • In another interview with Tucker Carlson, Paxton said he considers Texas Senator John Cornyn “a puppet of the Bush family” and will consider running against him in 2026.

    Is The Bloom Off The Bush?

    Wednesday, January 26th, 2022

    I’ve been looking for a meaningful hook to talk about the Texas Attorney General race since Republican U.S. Congressman Louie Gohmert officially joined. Gohmert’s entry was a bit more puzzling than the others. Paxton is the incumbent, George P. Bush is attempting to move up from Land Commissioner, and Eva Guzman is attempting to move up from the Supreme Court. But from U.S. Congressman to Texas Attorney General is not a clear-cut move up. And I don’t particularly like his chances.

    But now we have some campaign finance reports to chew on.

    In just over a month, [incumbent Ken] Paxton will face the most significant primary challenge in his career with three other widely-known candidates in Texas politics: Land Commissioner George P. Bush, former Texas Supreme Court Justice Eva Guzman, and Congressman Louie Gohmert (R-TX-01).

    The first financial reports to be released since the list of candidates were finalized for the ballot corroborate the viability of each of the candidates, as all raised over a million dollars in the period between July 1, 2021 and December 31, 2021 — more than any of the Democrats vying for the nomination.

    Having been in the position for nearly two full terms, Paxton’s war chest is still the largest out of any candidate with $7.5 million cash-on-hand.

    Becoming available a day past the due date, Paxton’s finance report showed that he raised $2.8 million and spent $2.1 million.

    Over half of his expenditures — $1.3 million — was spent on direct mail. Of note, another $153,000 was spent on “campaign advertising services” and $130,000 was listed for “legal fees.”

    Citing contributions from “ more than 5,000 grassroots conservative donors” with about half giving to Paxton for the first time, his campaign stated, “With these dominant fundraising numbers and the groundswell of grassroots support behind him, it’s clear Ken Paxton’s campaign has both tremendous enthusiasm and financial advantages over his challengers in the primary.”

    “As the stakes get even higher moving forward, there is no question that Ken Paxton is the only candidate positioned to defeat the radical left’s candidate in November,” said Paxton’s campaign in a press release.

    Though Paxton’s war chest is the largest, the candidate to receive the most contributions for the period was Guzman.

    Backed by the powerful Texans for Lawsuit Reform (TLR) PAC, Guzman reported a haul of $3.7 million.

    The majority of her contributions came from a handful of wealthy donors.

    TLR PAC topped the list of contributors to Guzman’s campaign with a total of $626,000 listed. Richard Weekley, the chairman of the board of directors for TLR, contributed another $500,000, and another board member, Alan Hassenflu, contributed $250,000.

    Guzman also reported receiving $500,000 from Harlan Crow, $500,000 from Robert Rowling, and $250,000 from Jan Duncan.

    Advertising accounted for a large portion of the $2.6 million Guzman reported spending, with $1.2 million on media buys, a combined $555,000 on printing and postage for direct mail, and another $269,000 listed for political advertising.

    Bush, who was the first challenger to jump in the race, reported raising $1.9 million, bringing him to a total of $3.2 million cash-on-hand at the beginning of January, the second-largest war chest behind Paxton.

    “We have a good number of cash-on-hand, but the real factor in this campaign that’s different is the ‘Texas First Tour’ that we’re putting together,” Bush told The Texan at a meet-and-greet in Round Rock.

    “We’ve got about 20 events lined up over the course of the next three weeks leading up to early voting, and then we have two weeks of early voting,” said Bush.

    The focus on a more event-oriented ground game was reflected in Bush’s campaign expenditures as well. While $132,000 was categorized for consulting expenses and $154,000 was for advertising, $635,000 of the $1.8 million total expenditures went toward salaries for campaign employees and contractors.

    Gohmert, the last candidate to enter the race who joined partway through the candidate filing period in November, also put more expenditures toward grassroots campaigning.

    The East Texas congressman spent far less than the other candidates with only $126,000 in total expenditures. Of that, over half — $65,000 — was listed for the “purchase of campaign vehicle,” and another $32,000 was used for “yard signs/stakes.”

    Gohmert’s total fundraising haul for the period tallied to slightly above $1 million, his target goal when he announced he was considering a bid for the position.

    But the finance report I want to hone in on is not Gohmert’s, but Bush’s.

    Going after an entrenched incumbent, this is the first race Bush has run where he’s a financial underdog. $3.2 million is only slightly more than the $2.8 million he raised at this point in his 2014 Land Commissioner run, where “his two main challengers, a Republican and a Democrat” had raised “a combined total of around $20,000.” To be running behind both Paxton and Guzman in the money derby in a higher profile race seems to be a setback for the candidate who garnered more votes than Greg Abbott in the 2014 general election. (In 2018, he ran some 220,000 votes behind Abbott.)

    Conventional wisdom is that Paxton is vulnerable due to his pending state security fraud charges, but those charges have been pending for over six years despite the federal charges having been dismissed, and didn’t keep him from winning the general by almost 300,000 votes in The Year of Beto. These lengthy delays suggest that the case is all smoke and no fire, and that the case is more useful for Democratic county DAs as a club against Paxton than actually trying the case, and the indictment will probably run into Sixth Amendment issues if it hasn’t already.

    But back to Bush. Back in 2014, there seemed to be an unspoken assumption among establishment types that George P. Bush was some sort of golden boy of Texas politics, destined for the Governor’s mansion at some point based on his last name, in much the same way that his father Jeb was seen as the likely 2016 GOP Presidential nominee. Well Jeb!’s campaign came a cropper, and Bush seems considerably less golden these days. The Bush dynasty’s one persistent advantage, their reputation of fundraising prowess, doesn’t seem to be working well enough thus far for George P.’s uphill charge against an entrenched incumbent.

    Conservative activists have always been cool to Bush: The Third Generation, but were willing to give him a chance as Land Commissioner because, frankly, he was on the ballot. After the Alamo redesign controversy, the bloom was definitely off the Bush as far as conservative activists are concerned. But in a four-way race, Bush is at risk of missing the runoff, with Eva Guzman drawing a lot of the same moderate/business/Hispanic Republican support base that Bush needs. By contrast, Paxton’s record for being a strong advocate for conservative principles (and filing lawsuits against the Biden Administration) has a lot of activists still standing behind him.

    Bush could still get into a runoff with Paxton, but right now it’s no sure thing.